The 2016 Annual Report begins with a message from the WTO Director-General and an overview of the past year. To care about people and remain loyal to your relationships. The effective tax rate was 18.7 percent, compared to 22.2 percent in the prior year, primarily due to an increase in the proportion of earnings from operations outside of the United States, which are generally subject to a lower tax rate. Revenues up 5 percent to $8.4 billion; 14 percent growth excluding currency changes. 8th Street Bentonville, Arkansas 72716 USA 479-273-4000 walmart.com 16 AL ORT t +107%107% growth in … Kobe Bryant We said goodbye to one of the game’s fiercest competitors who will continue to inspire players and fans all over the world. But most of all, he taught us to love sport. We build deep, personal connections with consumers. For more information, NIKE, Inc.’s earnings releases and other financial information are available on the Internet at http://investors.NIKE.com and individuals can follow @NIKE. NIKE is a Growth Company. As of the end of fiscal 2016, a total of 20.1 million shares had been repurchased under this program for approximately $1.2 billion, at an average cost of $59.21 per share. And for gold-medal-winning sprinter Allyson Felix, we harnessed generative design and 3D printing to create a Flyknit track spike that’s mapped to the contours of her foot—offering superior fit, strength, and flexibility. His entrepreneurial drive is, and always will be, part of our DNA. Revenues for Converse were $513 million, up 18 percent on a currency-neutral basis, mainly driven by a major system go-live that accelerated orders from the fourth quarter to the third quarter in the prior year. Apart from his brilliant business mind, Phil’s greatest gifts to our culture are his infectious attitude, competitive spirit and obsession with serving the athlete. It starts by taking a global approach. We developed promising technologies, formed groundbreaking partnerships, and grew our global footprint. NIKE, Inc. (NYSE:NKE) today reported financial results for its fiscal 2016 third quarter ended February 29, 2016. Filter By All Annual Reports Proxies Year All 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 Select Financials; Shareholder Info; 10-K → PDF. He reminded us every day what it meant to be rebellious, in a positive way. As a result, sport is now a part of the everyday lifestyle and sneaker culture is booming. Ten years of annual and quarterly financial statements and annual report data for NIKE (NKE). Diluted earnings per share up 23 percent to $1.34. It covers the calendar year from 1 January 2016 to 31 December 2016. These investments represent a fundamental shift in how we do business. Around the world, healthy living is becoming a priority. * The marked paragraphs contain forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially. With Flex, we’re driving the modernization of footwear manufacturing across our supply chain. Phil leaves a giant footprint on the world. Some forward-looking statements in this release concern changes in futures orders that are not necessarily indicative of changes in total revenues for subsequent periods due to the mix of futures, “at once” and closeout orders, exchange rate fluctuations, order cancellations, discounts and returns, which may vary significantly from quarter to quarter, and because a portion of the business does not report futures orders. And we deliver an integrated … On a currency neutral basis, NIKE Brand revenue growth was driven by robust growth in every geography as well as most key categories including Sportswear, Running and the Jordan Brand. It all adds up to a glimpse of what’s to come: innovation that is tailored to the individual needs of every athlete, everywhere. In this time of relentless change, the state of play for NIKE has never been more dynamic. Other income, net was $58 million, primarily comprised of net foreign currency exchange gains. Net income decreased 2 percent to $846 million as revenue growth was more than offset by lower gross margin, higher selling and administrative expense and a higher tax rate, while diluted earnings per share remained unchanged from the prior year at $0.49 reflecting a 2 percent decline in the weighted average diluted common shares outstanding. Selling and administrative expense grew 6 percent to $10.5 billion. Nike Inc.’s property, plant and equipment, net increased from 2018 to 2019 and from 2019 to 2020. Revenues for the NIKE Brand were $30.5 billion, up 13 percent excluding the impact of changes in foreign currency. Chairman, Chief Executive Officer and President NIKE, Inc. It means expanding the core pillars of our business – Running and Basketball – with a relentless flow of innovation. Futures Orders. At NIKE, we believe in the power of sustainable innovation to help us get faster and more efficient. Revenues up 8 percent to $8 billion ; 14 percent growth excluding currency changes Diluted earnings per share up 22 percent to $0.55 Worldwide futures orders up 12 percent; 17 percent growth excluding currency changes Inventories as of February 29, 2016 up 8 percent NIKE, Inc. (NYSE:NKE) today reported financial results for its fiscal 2016 third quarter ended February 29, 2016 . NIKE, Inc. (NYSE:NKE) today reported financial results for its first quarter ended August 31, 2015. Powered by our extraordinary team, innovative mindset, and global brand leadership, I’ve never been more confident in the future NIKE is creating. And to focus on the audiences with the biggest potential, we are making bold investments in our women’s and young athletes offenses. In March in New York City, we debuted an unprecedented wave of innovation. The Lunar Epic creates a unique sensation, featuring a mid-height, stretch Flyknit collar. Inditex’s 2016 Annual Report has been verified by SGS ICS Ibérica, S.A., in accordance with ISO 19011 and in line with the principles established in the standards of the Global Reporting Initiative (GRI), the principles established in These risks and uncertainties are detailed from time to time in reports filed by NIKE with the Securities and Exchange Commission (SEC), including Forms 8-K, 10-Q, and 10-K. As he evolves into his next role within NIKE, Phil remains the voice that inspires us all. And it’s why we work closely with our best wholesale partners to transform the consumer experience. BEAVERTON, Ore., June 28, 2016 – NIKE, Inc. (NYSE:NKE) today reported fiscal 2016 financial results for its fourth quarter and full year ended May 31, 2016. The storyline of LeBron bringing a championship back to his hometown Cleveland will go down as one of the greatest in recent memory. 12. Demand creation expense was $873 million, up 7 percent, reflecting investments in digital demand creation, sports marketing and brand events which were partially offset by lower advertising expense. NIKE has never had so much opportunity before us. BEAVERTON, Ore., June 28, 2016 – NIKE, Inc. (NYSE:NKE) today reported fiscal 2016 financial results for its fourth quarter and full year ended May 31, 2016. And with the Ellen MacArthur Foundation, we’re exploring new business models that keep materials in play through re-use and regeneration. 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